Reuters logo
REFILE-Marathon Petroleum profit jumps on cheaper U.S. crude oil
April 30, 2013 / 12:02 PM / 4 years ago

REFILE-Marathon Petroleum profit jumps on cheaper U.S. crude oil

April 30 (Reuters) - Marathon Petroleum Corp on Tuesday reported a 22 percent increase in quarterly earnings, as the third largest stand-alone U.S. refining company processed higher amounts of cheaper domestic crude oil.

Marathon said its first-quarter profit was $725 million, or $2.17 per share, compared with $596 million or $1.70 per share in the same quarter a year earlier.

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below